US stock futures and Chinese markets rose on Wednesday, as investors cheered news of a meeting between top US and Chinese trade officials as a chance to tone down the tariffs, while China cut interest rates and vowed to support stock markets.
8 hours agoThe proposal has drawn pushback from a farmers’ association, which says the current global price surge is a rare opportunity to maximize profits after years of depressed returns. ...
11 hours agoRecord-high yields in the first four months of the year has helped expand the national rice reserve from 1.7 million to 3.5 million tonnes, inadvertently leading to a shortage of storage facilities but also creating an export opportunity. ...
1 day agoThe IDX Composite index dropped 0.26 percent to close at 7,543.83 on Thursday, marking its second consecutive daily decline.
7 months agoShares jumped more than 4 percent in Hong Kong on Wednesday to break the 22,000 mark for the first time since February last year as traders resumed a China stimulus-fueled rally following a one-day holiday.
7 months agoThe Indonesia Stock Exchange (IDX) Composite index closed up 1.52 percent on Oct. 1, driven by energy, basic materials and the property sector. OJK attributed the rise to positive sentiment from recent interest rate cuts.
7 months agoGlobal investors are preparing to stake bets on China again, in a major sentiment shift sparked by Beijing's drive to reverse its economic slowdown and revive long term interest in its stock markets.
7 months agoThe measures are the latest in a raft of pledges out of Beijing since last week aimed at kickstarting the world's number-two economy.
7 months agoAsia share markets turned hesitant on Monday as strife in the Middle East offset more stimulus measures in China, while the Nikkei dived on concerns Japan's new prime minister favored normalizing interest rates.
7 months agoThe IDX Composite (IHSG) closed the week at 7,696, down 0.61 percent, with the infrastructure sector leading the losses.
7 months agoAlmost half of investors in the Indonesia Stock Exchange (IDX) were foreigners as of September, at 48.5 percent of the total number.
7 months agoWorld News Day, taking place on Saturday with the support of hundreds of organizations including AFP, aims to raise awareness about the challenges endangering the hard-pressed industry.
7 months agoChinese stocks are headed for the best week since 2008 as Beijing rolled out a huge stimulus package to revive the economy, lifting Asian shares to 2-1/2-year highs, while a sharp fall in oil prices bodes well for disinflation globally.
7 months agoThe dollar held firm on Thursday following its sharpest rally since early June as traders looked ahead to speeches from key Federal Reserve policymakers later in the day for clues on the pace of interest rate cuts.
7 months agoAsian stocks bucked the global trend to extend a rally on Thursday, fueled by persistent optimism over China's aggressive stimulus package, although there were signs some of that enthusiasm was starting to ebb.
7 months agoWhile the stimulus measures have raised expectations that Beijing will follow soon with a fiscal package to complement the monetary and financial moves, analysts have raised doubts about their efficacy given weak consumer demand.
7 months agoFor Sanchez, it would be the second big supply chain setback after a bridge collapse cut off most access to the Baltimore port from late March through mid-June.
7 months agoWorld stocks hit a record high on Tuesday after China unveiled stimulus measures to support its economy and stock markets, sending Asian and European shares higher and triggering a bounce in commodity prices.
7 months agoShipments of rubber already declined 15 percent yoy as of this July.
7 months agoBitcoin was the notable mover as it reached for one-month highs on Monday, sustaining its rally after the Federal Reserve's super-sized rate cut last week, while the yen extended its decline in markets thinned by a Japanese holiday.
7 months agoAsian stocks firmed on Monday ahead of central bank meetings that are widely expected to deliver two more rate cuts and key US inflation figures that should flash a green light for more easing there.
7 months agoIndonesia rolled out a new rule on Thursday that imposes a 7.5 percent levy on CPO exports to increase the commodity's global competitiveness amid declining demand relative to other vegetable oils.
7 months agoThe government has signed a new deal with the UK to facilitate the transfer of technology and skills in the critical minerals sector that also seeks to address related environmental and social risks.
7 months agoTokyo's Nikkei led Asian markets higher Thursday as the yen hit a two-week high after the Federal Reserve announced a bumper interest rate cut and pledged a series of further reductions that boosted sentiment.
7 months agoAsian markets swung between gains and losses Wednesday as traders tried to ascertain how big an expected Federal Reserve interest rate cut would be later in the day, while the dollar held gains against the yen after forecast-beating US data.
7 months agoThe research by the US-based Atlantic Council think-tank published on Tuesday showed that all G20 nations are now looking into central bank digital currencies (CBDCs) as they are known and that 44 countries in total are piloting them.
7 months agoMost Asian markets rose Tuesday but Tokyo sank more than one percent as exporters were hit by a stronger yen with traders gearing up for a bumper US interest rate cut and a key Japanese central bank meeting.
7 months agoAsian stocks made a cautious start on Monday in a week that is almost certain to see the start of an easing cycle in the United States with the only question mark being the size of the cut, with markets split on the chance of an outsized move.
7 months agoThe dollar on Friday slumped against the yen while gold hit an all-time peak as investors ratcheted up bets for a super-sized Federal Reserve interest rate cut next week after media reports suggested the decision was a tough one for officials.
7 months agoThe European Central Bank cut interest rates again on Thursday as inflation slows and economic growth falters, but provided almost no clues to its next step, even as investors bet on steady policy easing in the months ahead.
7 months agoA surge in tech firms Thursday helped Asian markets track a Wall Street rally after data showed US inflation at a more than three-year low, reinforcing expectations the Federal Reserve will cut interest rates next week.
7 months agoThe increasing domestic use of wood pellets and wood chips and skyrocketing exports to Japan and other markets present a business opportunity but also raise environmental concerns.
7 months agoAsian markets wobbled and US stock futures slipped on Wednesday after Democratic Vice President Kamala Harris and Republican Donald Trump clashed in a keenly-awaited US presidential debate.
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